Press coverage about Zillow Group (NASDAQ:Z) has trended somewhat positive on Sunday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zillow Group earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.1666807496824 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of analysts have recently issued reports on Z shares. BidaskClub upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 10th. Cowen reiterated a “hold” rating on shares of Zillow Group in a research note on Friday, February 9th. DA Davidson assumed coverage on shares of Zillow Group in a research note on Wednesday. They issued a “hold” rating and a $60.00 price target for the company. KeyCorp restated an “overweight” rating and issued a $65.00 price target (up previously from $54.00) on shares of Zillow Group in a research note on Thursday, March 15th. Finally, Morgan Stanley restated an “overweight” rating and issued a $55.00 price target (up previously from $50.00) on shares of Zillow Group in a research note on Tuesday, March 13th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Zillow Group presently has an average rating of “Buy” and an average target price of $53.39.
Zillow Group stock traded down $0.26 during mid-day trading on Friday, reaching $52.68. The company’s stock had a trading volume of 2,119,073 shares, compared to its average volume of 1,377,050. The company has a quick ratio of 7.11, a current ratio of 7.11 and a debt-to-equity ratio of 0.14. Zillow Group has a twelve month low of $33.77 and a twelve month high of $59.99.
Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Thursday, February 8th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. Zillow Group had a negative net margin of 8.77% and a positive return on equity of 0.03%. The company had revenue of $282.33 million during the quarter.
In related news, COO Amy Bohutinsky sold 27,783 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $45.39, for a total value of $1,261,070.37. Following the completion of the sale, the chief operating officer now owns 27,783 shares of the company’s stock, valued at $1,261,070.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Lloyd D. Frink sold 13,600 shares of the company’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $44.60, for a total transaction of $606,560.00. Following the completion of the sale, the insider now directly owns 4,334,008 shares of the company’s stock, valued at approximately $193,296,756.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 489,778 shares of company stock valued at $25,026,148. Corporate insiders own 21.72% of the company’s stock.
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Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable consumers find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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